Whales Gobble Up Bitcoin As Top Crypto Asset Tracks Sideways This Week, According to Analytics Firm IntoTheBlock - The Daily Hodl
A leading blockchain analytics firm says whales are accumulating Bitcoin (BTC) as the top crypto asset tracks sideways this week after its propulsive price action earlier this month....
- Whales are accumulating Bitcoin as the price remains stable.
- Addresses with over 1,000 BTC now hold 7.67 million BTC worth nearly $280 billion.
- Bitcoin's adoption rate reached a yearly high of 67.62%.
- Bitcoin leads all layer-1 blockchains with 960,000 daily active addresses.
- Litecoin is "surprisingly close" with 797,000 daily active addresses.
- Ethereum ranks third with 405,000 daily active addresses.
The article provides positive news about Bitcoin's whale accumulation, adoption rate, and daily active addresses.